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Experts just an "experts"! just ignore the bullish or bearish noise around you from "big guys" always follow your plan! Standard Chartered Bank has noted that the breakout below the $60,000 mark has set the stage for a potential further decline towards the $50,000 level. Several factors contribute to this decline, including the withdrawal of funds from cryptocurrency ETFs in the United States and the sluggish start of similar funds in Hong Kong. Additionally, deteriorating liquidity metrics in the United States and decreasing prospects of a rate cut by the Federal Reserve are considered contributing factors. Looking at the broader global forecast, Standard Chartered maintains its bullish outlook, projecting a target of $150,000 by the end of 2024 and an even more optimistic $250,000 by 2025. $BTC

Experts just an "experts"! just ignore the bullish or bearish noise around you from "big guys" always follow your plan!

Standard Chartered Bank has noted that the breakout below the $60,000 mark has set the stage for a potential further decline towards the $50,000 level. Several factors contribute to this decline, including the withdrawal of funds from cryptocurrency ETFs in the United States and the sluggish start of similar funds in Hong Kong. Additionally, deteriorating liquidity metrics in the United States and decreasing prospects of a rate cut by the Federal Reserve are considered contributing factors.

Looking at the broader global forecast, Standard Chartered maintains its bullish outlook, projecting a target of $150,000 by the end of 2024 and an even more optimistic $250,000 by 2025. $BTC

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